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Article

5 Aug 2015

Author:
Reuters

Italy's Finmeccanica signs Iran power plant deal

"Italy's Finmeccanica signs Iran power plant deal for 500 mln euro"

Finmeccanica's engineering unit Fata has signed a 500 million euro ($543 million) contract with Iran's Ghadir to build a power plant in the Asian country, a spokesman for the Italian defense group said on Wednesday.

Italian Foreign Minister Paolo Gentiloni held talks with officials in Tehran on Tuesday, the latest in a series of European officials seeking closer trade ties with Iran after its nuclear deal with world powers.

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